๐ Recent Price
The stock is trading at around โน 1,322 on the NSE.
The 52-week range is approximately: High ~ โน 1,353.80, Low ~ โน 651.50.
๐ฏ Short-Term (1-Week) Level Observations
Since the current level (~โน 1,322) is very close to the recent 52-week high (~โน 1,353.80), upside room is relatively limited unless there's strong catalyst.
If sentiment turns negative, nearby support to watch might be the recent consolidated zone around โน 1,300-โน 1,280.
For a bullish breakout scenario: a sustained move above ~โน 1,353 would be noteworthy and could prompt further upside momentum.
Bearish risk: if the price drops below support ~โน 1,280, there could be a decline towards prior levels nearer the โน 1,250 zone or below.
โ ๏ธ Important Caveats
The business fundamentals arenโt strong (loss-making, negative ROE/ROCE).
Technical levels alone donโt guarantee directionโmarket sentiment, macro, news will matter.
These are short-term levels; for longer-term investing you should look at company fundamentals, competitive context, etc.
The stock is trading at around โน 1,322 on the NSE.
The 52-week range is approximately: High ~ โน 1,353.80, Low ~ โน 651.50.
๐ฏ Short-Term (1-Week) Level Observations
Since the current level (~โน 1,322) is very close to the recent 52-week high (~โน 1,353.80), upside room is relatively limited unless there's strong catalyst.
If sentiment turns negative, nearby support to watch might be the recent consolidated zone around โน 1,300-โน 1,280.
For a bullish breakout scenario: a sustained move above ~โน 1,353 would be noteworthy and could prompt further upside momentum.
Bearish risk: if the price drops below support ~โน 1,280, there could be a decline towards prior levels nearer the โน 1,250 zone or below.
โ ๏ธ Important Caveats
The business fundamentals arenโt strong (loss-making, negative ROE/ROCE).
Technical levels alone donโt guarantee directionโmarket sentiment, macro, news will matter.
These are short-term levels; for longer-term investing you should look at company fundamentals, competitive context, etc.
I built a Buy & Sell Signal Indicator with 85% accuracy.
๐ Get access via DM or
WhatsApp: wa.link/d997q0
Contact - +91 76782 40962
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
๐ Get access via DM or
WhatsApp: wa.link/d997q0
Contact - +91 76782 40962
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I built a Buy & Sell Signal Indicator with 85% accuracy.
๐ Get access via DM or
WhatsApp: wa.link/d997q0
Contact - +91 76782 40962
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
๐ Get access via DM or
WhatsApp: wa.link/d997q0
Contact - +91 76782 40962
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
